Multi-Metal Company Exploiting Prominent Ontario Regions

Significant new gold discovery on surface at Loveland (11.48 g\t gold) over 400 meters away from the only other known gold zone (6.37 g/t over 8.55 m & 10.39 g/t over 3.1 m)

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Message: SMARTSTOX Interview Richard Hughes (PDAC)

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jamborie

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Re: good point - Davisbay

in response to Re: SMARTSTOX Interview Richard Hughes (PDAC) by davisbay

posted on Mar 18, 09 06:36AM

Davisbay, I know this would require some speculation and back of the napkin calculations but assuming that both historic zones are proven and that there is no major expansion in the resource, what kind of gold system would we need in order to offset the cost of producing those copper nickel assets?

Am I looking at this the wrong way? Do you believe that the new gold discoveries have the potential to be the primary producing asset and then it would be copper/nickel credits to offset gold production costs???

You're thoughts would be much appreciated!

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